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afghanistan and iraq at the current levels of military spending and let's assume that we don't do that for the next decade, so we save ourselves magically a trillion dollars by assuming that we're not going to keep them at the current levels. well, no one seems we're going to keep them at the current levels, so that supposed trillion dollars of savings is completely phony, as is the half a trillion dollars in interest savings that would come about as a result of this. the iraq and afghan war spending is not built into the baseline of the budget, the $45.9 trillion worth of spending that the government is now forecast over the next decade, we're not building into that baseline afghanistan and iraq at the current levels, so the president has phony savings like that but the tax increases he keeps talking about, some of them, the public ones, are ridiculous. six times during his news conference, he talked about a $3 billion tax -- >> jon: uh-oh we lost our feed from karl there, he is based in austin, texas these days and for whatever reason, maybe we didn't pay the satellite bills, bu
minister criticized a political rival on television news. >>> also in afghanistan a homicide bomber blew himself up inside a mosque during a memorial service for president hamid karzai's half brother. the blast killed five people, including the head of a council of clerics and a young child. the explosion wounded 15 others. the taliban claims responsibility but remains quiet on this mosque attack. karzai was a high-ranking official in kandahar's government, also considered one of the most powerful men in southern afghanistan. health let's well, a 6-year-old girl from illinois tees her way right into the record book by sinking a hole in one. reagan kennedy becoming the youngest golfer ever to hit a hole in one since the links at ireland grove opened some five years ago. and reagan kennedy, she joins us now by phone with her dad, steve kennedy also on the line. hi, steve, hi, reagan. >> hi, heather, how are you? heather: doing fine. how are you doing? >> we're doing well. heather: so, reagan, how surprised were you that you hit this hole in one? >> very surprised. heather: could you see th
and afghanistan. republicans say the markets might not buy that but the same accounting tool was used in the republican budget that passed the house. jon: interesting to that the secretary of state commenting on tkphes particular spending matter. thank you. jenna: the lack of debt deal seems to be one of the factors in the stock market as wendell was talking about. the dow trading down by 60 points . it was down by over a hundred earlier. simon constable is a columnist for the "wall street journal." what is your take? we talk about the reassurance for the market? what about the reassurance for the average investor. >> most of the markets are saying whatever. but the gold market isn't. we've seen gold come up from 1500 a month ago to over 1600 now. jenna: what does that tell you. >> people don't buy golds as a good investment. you have to pay money to have it stored, buy insurance, put it in a bank, with armed guards and people are basically big thumb's down to the u.s. government when they buy gold. you shouldn't be totally reassured. that is quite a move in that sort of short period
Search Results 0 to 3 of about 4 (some duplicates have been removed)